South Dakota Codified Laws 58-43-16.9. Criteria for proportion of audit committee members
Current as of: 2023 | Check for updates
|
Other versions
The proportion of independent audit committee members shall meet or exceed the following criteria:
Terms Used In South Dakota Codified Laws 58-43-16.9
Prior Calendar Year Direct Written and Assumed Premiums |
|
|
||
$0–$300,000,000 |
Over $300,000,000– |
Over $500,000,000 |
||
|
$500,000,000 |
|
||
No minimum requirements. See also Note A and B. |
Majority (50% or more) of members shall be |
Supermajority of members (75% or more) shall be |
||
|
independent. See also Note |
independent. See also Note |
||
|
A and B. |
A. |